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NFT: Yankee News: DJ Finalizing deal to return to yanks

BeckShepEli : 1/15/2021 6:37 am
Per Jon Morosi. Should be done today
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i'll wait for the details  
UConn4523 : 1/15/2021 9:56 am : link
but 1 extra year doesn't bother me in a slightest. Most of the current roster won't be on the books in 2025. He's one of, if not the best contact hitters in the game and something Yankees fans have been clamoring for for what seems like a decade. Well, you kinda have to pay for that.
6  
DanMetroMan : 1/15/2021 9:59 am : link
years 90 per Pat Ragazzo, not sure how reliable he is?
.  
DanMetroMan : 1/15/2021 10:01 am : link
6 years 90 million would be an absolute steal for the Yankees. Yeah the years are long but the AAV is extremely low for a player of his ilk
sounds a little like one of those  
Enzo : 1/15/2021 10:05 am : link
contracts you used to see in the NHL to keep the AAV down.
If  
DanMetroMan : 1/15/2021 10:07 am : link
that's really the number that's a great move by Cashman. I'd have to question how bad their offer that "offended" him was lol
yeah, that would be a great deal actually  
UConn4523 : 1/15/2021 10:07 am : link
kinda like the Hicks deal, 1-2 years too much but short terms keeps cost down considerably. This actually now allows room to add another decent FA (Brantley, pitcher, bullpen).
MLBTR's prediction was 4/$92m in a normal year and 4/$68m this year  
Eric on Li : 1/15/2021 10:08 am : link
so it seems they kind of split the baby. DJL was willing to go down for a lower AAV but got close to what FMV was in an overall guarantee. Seems like a fair deal for both sides.
Rosenthal  
DanMetroMan : 1/15/2021 10:09 am : link
says 4-5 at 85-90
RE: MLBTR's prediction was 4/$92m in a normal year and 4/$68m this year  
DanMetroMan : 1/15/2021 10:10 am : link
In comment 15123308 Eric on Li said:
Quote:
so it seems they kind of split the baby. DJL was willing to go down for a lower AAV but got close to what FMV was in an overall guarantee. Seems like a fair deal for both sides.

Their predictions once again.. have not been great this year lol
RE: Rosenthal  
UConn4523 : 1/15/2021 10:11 am : link
In comment 15123311 DanMetroMan said:
Quote:
says 4-5 at 85-90


Interesting. If $90m total is the max than i'll take it.
6 years 90 million  
nygiants16 : 1/15/2021 10:12 am : link
according to Passan
6  
DanMetroMan : 1/15/2021 10:12 am : link
years 90 per Passan. A+ move for the Yankees.
RE: 6  
UConn4523 : 1/15/2021 10:14 am : link
In comment 15123316 DanMetroMan said:
Quote:
years 90 per Passan. A+ move for the Yankees.


Yeah, that's such a team friendly deal. Curious what the yearly payouts are but that likely offers the ability to add another solid player.
RE: RE: 6  
DanMetroMan : 1/15/2021 10:15 am : link
In comment 15123318 UConn4523 said:
Quote:
In comment 15123316 DanMetroMan said:


Quote:


years 90 per Passan. A+ move for the Yankees.



Yeah, that's such a team friendly deal. Curious what the yearly payouts are but that likely offers the ability to add another solid player.


Backloading doesn't change anything in regard to the lux tax. If the deal is 6 for 90, he will count 15 million per season against the tax for 6 years regardless of the structure (unless there are deferments)
RE: RE: MLBTR's prediction was 4/$92m in a normal year and 4/$68m this year  
Eric on Li : 1/15/2021 10:16 am : link
In comment 15123312 DanMetroMan said:
Quote:
In comment 15123308 Eric on Li said:


Quote:


so it seems they kind of split the baby. DJL was willing to go down for a lower AAV but got close to what FMV was in an overall guarantee. Seems like a fair deal for both sides.


Their predictions once again.. have not been great this year lol


This year was an impossible year to predict. DJL was their 5th overall FA and it looks like they are going to come within a few million of correct AAV. McCann was 16th overall and got the $10m per projected with 2 extra years.

Hendriks they were low on but they literally said in their prediction "Prior to Brad Hand and his $10MM salary passing through waivers unclaimed, we would have said Will Smith’s three-year, $40MM contract with the Braves would serve as a target for Hendriks. Now, we’re not so sure he can get there."

Nobody knew how the revenue shortfall was going to impact the offseason and the Hand waive happening at the same time as all these predictions were made didn't help accuracy.
But  
DanMetroMan : 1/15/2021 10:17 am : link
Eric, again we've yet to see the bloodletting that was predicted. He got 22 million more than MLBTR predicted.
.  
DanMetroMan : 1/15/2021 10:19 am : link

Bob Nightengale
@BNightengale
MLB, fearing the pandemic could create havoc with scheduling, is planning to bring back 7-inning doubleheaders and runner on 2nd base in extra innings in talks with the union. The universal DH and expanded playoffs still being negotiated.
.  
BigBlue2112 : 1/15/2021 10:20 am : link
@JeffPassan
· 9m
Second baseman DJ LeMahieu and the New York Yankees are finalizing a six-year, $90M contract, sources familiar with the agreement tell ESPN.

LeMahieu’s return to New York always felt inevitable. It took a while. But he wanted to be there and Yankees get top free agent target.


...6 years!! Helps that luxury tax a bunch
.  
DanMetroMan : 1/15/2021 10:20 am : link

Pat Ragazzo
@ragazzoreport
·
1m
Source: Dodgers offered LeMahieu 4/60. Blue jays offered him 4/78
Braves were interested. Mets were too.

Also being told he was very close to going to Toronto
RE: RE: RE: 6  
UConn4523 : 1/15/2021 10:21 am : link
In comment 15123319 DanMetroMan said:
Quote:
In comment 15123318 UConn4523 said:


Quote:


In comment 15123316 DanMetroMan said:


Quote:


years 90 per Passan. A+ move for the Yankees.



Yeah, that's such a team friendly deal. Curious what the yearly payouts are but that likely offers the ability to add another solid player.



Backloading doesn't change anything in regard to the lux tax. If the deal is 6 for 90, he will count 15 million per season against the tax for 6 years regardless of the structure (unless there are deferments)


Good call, didn't know that, thanks.
the Toronto lineup  
UConn4523 : 1/15/2021 10:25 am : link
would have been nuts with DJ.
So they pretty much outbid themselves  
Saquads26 : 1/15/2021 10:27 am : link
Doubt the Toronto offer is legit. Stupid
RE: RE: 6  
Eman11 : 1/15/2021 10:35 am : link
In comment 15123318 UConn4523 said:
Quote:
In comment 15123316 DanMetroMan said:


Quote:


years 90 per Passan. A+ move for the Yankees.



Yeah, that's such a team friendly deal. Curious what the yearly payouts are but that likely offers the ability to add another solid player.


Yeah, when I heard the 90 number I thought for sure it would be for 4-5 years. Six makes this very team friendly and I’m curious to see the details.

I wonder if the 6th year is a team option with that money included in the 90? I also wonder especially if it’s a straight six year deal if there’s some reachable incentives in there for DJ?

15 per just seems low and even though the years are long, it’s only 3 mil more than he’s made each of the last two years.

Either way I’m glad they got this done and stoked it’s as low a number as it is.
Excellent news!  
Dave in Hoboken : 1/15/2021 10:35 am : link
.
RE: But  
Eric on Li : 1/15/2021 10:45 am : link
In comment 15123323 DanMetroMan said:
Quote:
Eric, again we've yet to see the bloodletting that was predicted. He got 22 million more than MLBTR predicted.


14 out of their top 20 aren't signed yet and of the 6 that signed 2 took QO'ing offers. Kim and McCann were the only other contracts given out before Hendriks/DJL this week and Hendriks is the only one that got a higher AAV than projected.

The bloodletting may not be as bad as it was feared when Hand went unclaimed but it could still be pretty glaring when the dust settles.
15 AAV  
Essex : 1/15/2021 10:51 am : link
seems ridiculously low, I actually feel bad for DJ; he is one of my favorite players and deserves a lot more than that (I was thinking 19-20 over 4 would have been fair).
Great deal for the Yanks.  
Dave in Hoboken : 1/15/2021 11:00 am : link
This is why I wasn't shitting on them so hard for taking their time with this contract.

Great news!
RE: 15 AAV  
Carson53 : 1/15/2021 11:03 am : link
In comment 15123386 Essex said:
Quote:
seems ridiculously low, I actually feel bad for DJ; he is one of my favorite players and deserves a lot more than that (I was thinking 19-20 over 4 would have been fair).
/

Seems like a trade off, the extra year for a lower AAV,
I want to see the actual details myself.
I was thinking 4/85, with a vesting option for a 5th year.
RE: 6 years 90 million  
Heisenberg : 1/15/2021 11:03 am : link
In comment 15123315 nygiants16 said:
Quote:
according to Passan


Underpaid for the first few years for sure. We'll see about the last few years. I love it though. Love having that guy on the team.
RE: So they pretty much outbid themselves  
FatMan in Charlotte : 1/15/2021 11:05 am : link
In comment 15123338 Saquads26 said:
Quote:
Doubt the Toronto offer is legit. Stupid


LOL. So this is what you takeaway from it?? Jesus
Kind of surprised he didn’t take  
illmatic : 1/15/2021 11:09 am : link
that offer from Toronto but I guess being on a winning team means something to him. Or it could be he didn’t think he would land a nice contract once the four years were up. Looks like a great deal though. Seems like teams are still willing to spend quite a bit for the right players.

Hopefully they can land at least a couple good pitchers now.
It's  
DanMetroMan : 1/15/2021 11:10 am : link
official. 6 years 90 million per Heyman
RE: Kind of surprised he didn’t take  
DanMetroMan : 1/15/2021 11:11 am : link
In comment 15123417 illmatic said:
Quote:
that offer from Toronto but I guess being on a winning team means something to him. Or it could be he didn’t think he would land a nice contract once the four years were up. Looks like a great deal though. Seems like teams are still willing to spend quite a bit for the right players.

Hopefully they can land at least a couple good pitchers now.


Likely wanted to stay and questioned if he would "find" enough money post 4 years to risk the extra 12.
Now  
Carson53 : 1/15/2021 11:14 am : link
They can go out and get a starting pitcher, Tanaka?
Maybe a Odorizzi, he's not bad. They won't bring in a Bauer, he is not the Yanks type of player.
With this AAV of DJ at 15 mill. per (helps w/luxury tax too)...Maybe a relief pitcher as well, to replace Kahnle.
RE: 15 AAV  
UConn4523 : 1/15/2021 11:16 am : link
In comment 15123386 Essex said:
Quote:
seems ridiculously low, I actually feel bad for DJ; he is one of my favorite players and deserves a lot more than that (I was thinking 19-20 over 4 would have been fair).


I hear you but he's getting $10m and being paid until he's 38/39. Sure, that 4 year deal leaves open the opportunity for more money at 36, but probably not much more.
Feinsand  
Carson53 : 1/15/2021 11:18 am : link
was just on MLBN, he was reporting that the Jays had
offered 4/78, and the Yanks originally were at 4/80.
That's what he is 'reporting', of course we don't know.
RE: Kind of surprised he didn’t take  
rich in DC : 1/15/2021 12:23 pm : link
In comment 15123417 illmatic said:
Quote:
that offer from Toronto but I guess being on a winning team means something to him. Or it could be he didn’t think he would land a nice contract once the four years were up. Looks like a great deal though. Seems like teams are still willing to spend quite a bit for the right players.

Hopefully they can land at least a couple good pitchers now.


It’s actually a smart deal on both sides. While I am not in favor of long deals for players approaching their mid 30’s, as history tells us that the decline is rapid for INF after 35, the low average value of the deal makes up for it.

From DJLM’s perspective, he gets an additional $30M over the prior offers- more money, but to get it he had to agree to less money annually. However, that in turn is offset by the fact that he will be 38 at the end of the deal and likely looking at year-to-year deals at that age. His agent likely pointed out that older vets are getting beat up in FA and that if he took a 4 year deal, he’d likely be looking at low dollar yearly deals.

DJLM probably gets more at age 36, 37 and 38 than he gets on one year deals, but sacrificed being a $20M a year guy to instead be a $15M a year guy.

For the Yanks it makes sense because the average value of the deal is what is used for luxury tax purposes, not the actual payout. To illustrate, Stanton is going to be paid $29M in 2021, but for luxury tax purposes, he only counts for $22M. That is because the average value of his deal is $25M, but MLB determined that because the Marlins will pay the Yanks $30M (with 10 years left on his deal when traded to the Yanks) that $20M was spread over the remaining 10 years to offset the average value, thus reducing it from $25M to $22M annually.

Thus, the Yanks original offer and the Jays offer would have amounted to around $20M per, but now they are only counted as $15M annually, saving another $5M to spend elsewhere for tax purposes. That may be important this offseason if Hal is really requiring the team to stay below the luxury tax limit.

Both sides appear to benefit. Not perfect for either, but that’s the way compromise works.
RE: 15 AAV  
Enzo : 1/15/2021 12:37 pm : link
In comment 15123386 Essex said:
Quote:
seems ridiculously low, I actually feel bad for DJ; he is one of my favorite players and deserves a lot more than that (I was thinking 19-20 over 4 would have been fair).

he decided to take extra guaranteed money instead of becoming a free agent earlier. Might end up being a smart move if he's washed up in 4 years.
6 years isn't ideal  
Osi Osi Osi OyOyOy : 1/15/2021 12:47 pm : link
for a guy who will be 32/33 in his 1st year of the deal. But that's what happens when you try to negotiate a lower AAV, which the Yanks successfully did.

If we get 3 more years of roughly the same performance that we've seen over the past 2 years, then this deal will be worth it. Over the last 2 years he has been 12th in fWAR, 1st in BA, 10th in wRC+. Just a complete stud and the most consistent player on the team. I'm glad to have him back, hopefully he keeps on killing it in pinstripes.
From DJ's point of view  
Ron from Ninerland : 1/15/2021 1:20 pm : link
he may be anticipating the owners getting concessions from the MLPA from playing in front of empty stands. With the lower AAV and extra years it affects him less.

Any word on whether he negotiated an opt-out ?
Also IFA signings began today  
Dunedin81 : 1/15/2021 1:48 pm : link
Hans Montero got $1.4 or $1.7, depending on who you ask. Kiley had him as his #9, BA had him at 21. SS who does a little bit of everything, light on power at least at present.
Six years is a lot.  
shockeyisthebest8056 : 1/15/2021 1:51 pm : link
Ben Zobrist was a good player through the age of 35. If LeMahieu was able to match that, it wouldn’t be a problem though. Happy to see him back.
He probably used the Dodgers  
5BowlsSoon : 1/15/2021 1:59 pm : link
And the Dodgers apparently were using him (Justin Turner resign?).
RE: 15 AAV  
Victor in CT : 1/15/2021 2:05 pm : link
In comment 15123386 Essex said:
Quote:
seems ridiculously low, I actually feel bad for DJ; he is one of my favorite players and deserves a lot more than that (I was thinking 19-20 over 4 would have been fair).


boohoo. I hope he can pay the rent LOL
years 5 and 6 don't bother me  
bigbluehoya : 1/15/2021 2:17 pm : link
I didn't want to go there, but I also thought a 4 year deal was going to cost them $80. So, a little more term at a substantially lower AAV is fine with me.
I'm not concerned about his age.  
Jeever : 1/15/2021 3:04 pm : link
He'll probably be at 1st base in a few years with Torres moving to 2nd where he belongs. I'd take a flier on Didi if he would go 1 or 2 yrs. I like his lefty bat as well.
RE: RE: 15 AAV  
Essex : 1/15/2021 3:32 pm : link
In comment 15123608 Victor in CT said:
Quote:
In comment 15123386 Essex said:


Quote:


seems ridiculously low, I actually feel bad for DJ; he is one of my favorite players and deserves a lot more than that (I was thinking 19-20 over 4 would have been fair).



boohoo. I hope he can pay the rent LOL


I get that, but if someone is going to get rich our an outlandish contract (which there are some in baseball that do although it is becoming less and less), I wish it was a guy that I think the world of.
I don't like six years.  
section125 : 1/15/2021 7:41 pm : link
I do like $15 mill. His bat won't go south, IMV.

If the rumors on Corey Kluber are true, this will be a good day.
RE: I don't like six years.  
dpinzow : 1/15/2021 8:03 pm : link
In comment 15123832 section125 said:
Quote:
I do like $15 mill. His bat won't go south, IMV.

If the rumors on Corey Kluber are true, this will be a good day.


DJ's style of hitting ages well IMO because he's not a power guy
I like the deal, but in 5 years there may be a couple of dead weights  
Jim in Hoboken : 1/16/2021 10:46 am : link
on the roster. A 37 yo DJ hitting .275 with no range at any defensive position may just be sitting on the bench only.

So what does this mean, essentially the same line-up as last year?
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